Broad USD buying has knocked cable to a session low of 1.5805.
Cable surged earlier in the week after breaking above the three-month high of 1.5777 and crested above 1.59 yesterday before turning lower.
Former resistance at 1.5777 is now support with the 100-day moving average just below and the 61.8% retracement at 1.5763. Overall, the pullback should be viewed as healthy so long as it stays above these levels.
In the short-term, bids seen at 1.5800/05.